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6 November 2023
Week Ahead: All Eyes on RBA Rate Statement and UK GDP

Significant economic events are expected to impact the forex market this week. Traders should closely monitor the Reserve Bank of Australia’s rate statement and the UK’s Gross Domestic Product (GDP) release. These indicators could substantially sway market conditions, underscoring the …

3 November 2023
Stocks Surge on Dwindling Bond Yields and Fed Speculation, Dollar Falters Amidst Mixed Signals

In a remarkable Thursday rally, stocks saw a surge as Treasury yields dropped, sparking investor speculation that the Federal Reserve may pause its rate hikes for the remainder of 2023. The Dow Jones Industrial Average posted its strongest performance since …

2 November 2023
Stocks Rebound as Fed Holds Rates Steady, Tech Stocks Soar, and USD Strengthens Amid Mixed Economic Data

On Wednesday, US stocks rebounded, led by technology stocks, as the Federal Reserve chose to maintain interest rates, easing concerns of an imminent rate hike. The Dow Jones, S&P 500, and Nasdaq Composite all posted gains, with technology stocks like …

1 November 2023
Volatile Month Ends with Modest Rebound, Currency Markets React to Central Bank Policies

In the stock market, October witnessed surging interest rates, leading to a challenging month for investors, but there was a modest recovery on Tuesday as major indices rebounded. Real estate and financial sectors outperformed, while some tech giants faced declines. …

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